Sompo International promotes Gallagher to property/casualty CEO
Bermuda-based specialty re/insurer Sompo International has appointed Christopher Gallagher to a new role of chief executive officer of its commercial property and casualty business.
Gallagher is currently the chief risk officer and group actuary of Sompo International’s P&C business and a director of Sompo International Holdings.
In his new role, Gallagher will report to Nigel Frudd, chief executive officer of Sompo International and senior executive vice president and chairman of overseas M&A for Sompo Holdings. The SI commercial P&C executive leaders currently reporting to Frudd will now report to Gallagher.
Gallagher joined Sompo International in September 2015. Prior to that, he held a similar role at AXIS Capital and previously served as a consultant with Ernst & Young providing insurance and actuarial advisory services in the London insurance market.
Frudd commented: “I am extremely pleased that Chris has assumed the new role of CEO of SI Commercial P&C. As we continue to build out Sompo International with an unrelenting focus on profitable growth, Chris and the executive leadership of our Commercial P&C business will maintain our core discipline of underwriting excellence and seek additional opportunities to scale our technology and infrastructure to support this growth."
“Chris brings global experience and a commercial perspective which will serve us well given the many challenges that our industry faces and which continue to evolve," Frudd added. "Chris, along with Recai Dalas, who was recently promoted to Chief Executive Officer of Sompo International’s Retail business focused primarily on personal lines products, will be critical to leading Sompo International to become an even stronger global partner for our clients around the world.”
John Charman, executive chairman of the Sompo International board of directors, added: “I am delighted that Chris has been appointed to this newly created role and that he has recently joined our Board of Directors. He brings a wealth of industry knowledge and expertise to this role and has a lengthy track record of successful leadership, both at Sompo and in his prior positions.
"SI Commercial P&C is incredibly well positioned to become a truly unique and relevant platform and a more meaningful contributor to the results of the Sompo Group. I look forward to working with Chris and our executive leadership team to make our vision for the company a reality.”
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